Metaverse
Why Consumer Adoption of the Metaverse is Inevitable
If you read the headlines you would assume the metaverse boom is over, but it’s a far cry from the...
April 17, 2023
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6
mins read
Linda Wang
VP Marketing
With the online cloud games market projected to reach $126 Billion by 2032 driven by advancements in decentralisation, the landscape of web3 gaming is evolving rapidly. Yet, it faces significant challenges in balancing value creation for NFT holders with the in-game experiences required for mass gamer adoption. MetaGravity's Edge of Chaos: Ancients NFT Collection introduces a revolutionary approach to address these issues, setting a new standard for web3 economics in the gaming industry.
Web3 games traditionally use NFTs to provide early holders with substantial in-game benefits. While this model appeals to web3 investors, it often clashes with the expectations of traditional gamers. For web3 games to succeed beyond the niche of web3-native early adopters, they must penetrate the traditional gaming market, which comprises approximately 3.2 billion gamers worldwide, including 1.2 billion online gamers. The key challenge is to create a game that attracts this vast audience while ensuring NFT holders still derive significant value.
Traditional web3 mechanics often grant early NFT holders superior in-game advantages, leading to a pay-to-win environment. This model discourages the broader gaming community from engaging, as it undermines the competitive balance that gamers cherish. Additionally, many web3 holders are primarily investors seeking financial gain rather than active players, further complicating the integration of NFT value and gameplay.
MetaGravity addresses MetaGravity addresses these challenges head-on with the Ancients NFT Collection, introducing a novel class of NFTs that exist outside the game world rather than within it. These NFTs, while integral to the game's cosmology, do not directly compete with players, thus eliminating pay-to-win concerns. Instead, holders of Ancients NFTs act as an extension of the game’s producer MetaGravity Studio, akin to demigods influencing the game world from a meta-level.
Ancients NFT holders possess the ability to shape the game world indirectly. They can grant favours, influence regions, and affect the evolution of the game's universe. Players feel this influence, and they can interact with these demigods through our unique in-game mechanics. This system not only preserves the game's competitive integrity but also establishes a reward structure for NFT holders, delivering real value without disrupting gameplay.
MetaGravity envisions a future where games are developed and operated as decentralised, self-sustaining virtual worlds with economies functioning like independent countries. Traditional AAA games follow a publisher-centric model, limiting innovation to proven game models. In contrast, MetaGravity’s approach leverages NFT and token-based funding to empower creativity and decentralisation.
By separating the roles of players and NFT holders, MetaGravity creates a harmonious ecosystem where traditional gamers can enjoy a balanced, competitive game while NFT holders gain economic benefits and influence the game world in meaningful ways. This innovative model paves the way for broader adoption of web3 games, tapping into the massive potential of the global gaming market.
MetaGravity’s Edge of Chaos: Ancients NFT Collection represents a pioneering shift in web3 gaming economics. By addressing the core challenges of balancing value for NFT holders with the need for widespread gamer adoption, MetaGravity sets a new standard for the industry. This approach not only enhances the gaming experience for traditional players but also provides substantial long-term benefits for web3 investors, positioning Edge of Chaos as a trailblazer in the evolving landscape of web3 gaming.
Ultimately, the true value to holders will come with the broad-based mass adoption of the Edge of Chaos game by the global community of gamers. MetaGravity is laser-focused on its path towards realising that vision.
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